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Skarbiec Holding (WAR:SKH) Cyclically Adjusted Book per Share : zł26.51 (As of Dec. 2024)


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What is Skarbiec Holding Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Skarbiec Holding's adjusted book value per share for the three months ended in Dec. 2024 was zł30.064. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is zł26.51 for the trailing ten years ended in Dec. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2025-05-27), Skarbiec Holding's current stock price is zł26.20. Skarbiec Holding's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was zł26.51. Skarbiec Holding's Cyclically Adjusted PB Ratio of today is 0.99.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Skarbiec Holding was 1.00. The lowest was 0.78. And the median was 0.86.


Skarbiec Holding Cyclically Adjusted Book per Share Historical Data

The historical data trend for Skarbiec Holding's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Skarbiec Holding Cyclically Adjusted Book per Share Chart

Skarbiec Holding Annual Data
Trend Dec13 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 25.78

Skarbiec Holding Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 25.28 25.78 26.20 26.51

Competitive Comparison of Skarbiec Holding's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Skarbiec Holding's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Skarbiec Holding's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Skarbiec Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Skarbiec Holding's Cyclically Adjusted PB Ratio falls into.


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Skarbiec Holding Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Skarbiec Holding's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=30.064/154.6602*154.6602
=30.064

Current CPI (Dec. 2024) = 154.6602.

Skarbiec Holding Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 100.122 0.000
201503 13.621 100.041 21.058
201509 14.814 99.634 22.996
201512 12.915 99.471 20.081
201603 12.622 98.983 19.722
201606 13.104 99.552 20.358
201609 14.520 99.064 22.669
201612 11.899 100.366 18.336
201703 13.277 101.018 20.327
201706 14.789 101.180 22.606
201709 15.503 101.343 23.659
201712 13.628 102.564 20.550
201803 14.510 102.564 21.880
201806 15.021 103.378 22.472
201809 15.575 103.378 23.301
201812 0.000 103.785 0.000
201903 13.559 104.274 20.111
201906 15.143 105.983 22.098
201909 15.643 105.983 22.828
201912 16.495 107.123 23.815
202003 16.728 109.076 23.719
202006 19.006 109.402 26.869
202009 22.549 109.320 31.901
202012 0.000 109.565 0.000
202103 25.604 112.658 35.150
202106 27.965 113.960 37.953
202109 29.823 115.588 39.904
202112 29.964 119.088 38.914
202203 29.790 125.031 36.850
202206 29.355 131.705 34.471
202209 28.819 135.531 32.887
202212 28.312 139.113 31.476
202303 28.133 145.950 29.812
202306 25.717 147.009 27.056
202309 25.725 146.113 27.230
202312 25.701 147.741 26.905
202403 26.075 149.044 27.058
202406 26.480 150.997 27.122
202409 26.488 153.439 26.699
202412 30.064 154.660 30.064

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Skarbiec Holding  (WAR:SKH) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Skarbiec Holding's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.20/26.51
=0.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Skarbiec Holding was 1.00. The lowest was 0.78. And the median was 0.86.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Skarbiec Holding Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Skarbiec Holding's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Skarbiec Holding Business Description

Traded in Other Exchanges
N/A
Address
Al. Armii Ludowej 26, Warsaw, POL, 00-609
Skarbiec Holding SA is an investment fund company on the Polish market. The company manages investment funds and portfolios, observing the rules of investment risk reduction.

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